The green economy, by definition, is one in which growth is decoupled from carbon emissions, environmental pollution and resource exploitation. It is growth based on environmentally-friendly products, industries and commercial practices. In a green economy, economic growth and sustainable development are mutually compatible. A green economy can realize the optimization of the economic structure, foster new sources of growth, create jobs and raise living standards.
Creating a green economy means improving energy productivity, especially renewables, providing investors with a stable market with price signals that encourage green investments and stimulate the market for green products, services and technologies.
iGDP closely studies China’s green economy and we believe China should and is capable of charting its own way towards a green economy. Our mission is to encourage the government to arrive at a more ambitious plan for green development. As a starting point, we are focusing on more specific policy to kickstart the green economy, which includes researching green pricing and financial policy, and are drafting independent policy recommendations.
Publications and Events
China Green Finance Pilots Anniversary Review
This report provides an overview of China’s green finance low-carbon pilots on the occasion of the first anniversary of the program. It summarizes the work plans, policies and actions in each pilot zone, and offers suggestions for refinement of the pilot program going forward.
Establishing an Environmental Tax
This paper explores the key considerations in establishing an environmental tax in China.